BEIJING: The State Grid Corp. of China (State Grid) pledged to step up investment in 2023, with funds set aside for power grid construction to hit a record high of 520 billion yuan (about $76.81 billion).

The figure was up 4 percent compared with a year ago and marked the fourth consecutive year that State Grid has upped investment in the sector.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details